Individual Tax Returns
Maximise your return with a tax expert.
Understanding what you can claim and how to record your income correctly isn’t always straightforward. While lodging a tax return may seem simple, many people miss out on valuable deductions or mistakenly claim expenses that don’t apply to them. This can mean paying more tax than necessary or facing compliance issues.
Our qualified tax accountants are here to make tax time simple, seamless and hassle-free. We’ll help you maximise your tax return by claiming every eligible deduction while ensuring full ATO compliance, so you get the best possible outcome with complete peace of mind.
Why choose us?
At Margins Accounting, we make filing your tax return easy and stress-free. By working with a Chartered Accountant & Registered Tax Agent, you gain the peace of mind that your tax return is thoroughly examined for accuracy and completeness. This ensures you don’t miss any critical information that could impact you negatively with the ATO later. Lodging your individual tax return with a registered tax agent also provides you with an extended deadline from October 31st to May 15th to give you more time to sort your taxes.
How We Work
1. Discovery
We learn about your business and goals.
2. Onboard
We set up your systems and processes.
3. Deliver
We keep your finances accurate and compliant.
4. Grow
We provide insights to help your business grow.
Individual Tax FAQs
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We can help you get back on track by preparing and lodging outstanding tax returns and working through the process with you. Our team will review your records, identify what’s required, and provide practical guidance to help resolve overdue obligations and minimise stress.
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An individual tax return is a form you file with the Australian Taxation Office (ATO) to report your income, deductions, and other tax-related information for a specific financial year. The purpose of filing your tax return is to determine whether you owe additional tax, are entitled to a refund, or have a balance due.
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You'll need details of your income (such as PAYG summaries, rental income, and any other sources of income), records of any deductions (e.g work-related expenses). If you’re unsure about what to provide, check out our Individual Tax Return Checklist or our team can help guide you through the process.
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You can maximise your tax refund by understanding eligible deductions, tax offsets and rebates, ensure you keep all records and use a tax agent to ensure accuracy and ATO compliance.
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Our income tax returns start from $200 ex GST. Additional costs may apply if your tax affair require extra work such as rental income, sale of investments, business schedules, etc.
You can claim the cost of managing your tax affairs as a deduction on your income tax return.
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Records should be kept for at least five years from the date of your tax return lodgement as the ATO may request them.
Lodge your individual tax return
Get in touch today - We’re here yo help you maximise your refund!